providing property tax exemptions for qualifying residences.

Summary

The bill lets New Hampshire homeowners deduct up to $300,000 from the assessed value of their primary residence, lowering their property tax bill. To qualify, owners must live in the home at least six months a year, be state residents, and apply to their local assessor by April 15. The exemption aims to promote homeownership and provide tax relief while excluding rentals, commercial use, and non‑resident or corporate owners.

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